12 4Th AveHighland Park, NJ 08904

For Sale
$499,000

Prime NJ Office Building, 6 Units, High Potential

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional two-story commercial building, located at 12 N 4th Avenue N in Highland Park, New Jersey, presents a unique investment opportunity. Built in 1925, the property boasts approximately 3,301 square feet of space, offering six individual units ideal for an owner-occupant seeking additional rental income. The building features a convenient common waiting area and kitchen on the main floor, enhancing tenant appeal. The property's zoning allows for potential conversion of the second floor into apartments, although it currently lacks a full kitchen and bathroom on that level. Situated in a highly desirable location near Raritan Avenue, this property benefits from proximity to major medical facilities such as RWJ-Barnabas Hospital and St. Peter's Hospital, Rutgers University, and convenient access to train stations and bus stops. The asking price is $499,000. The property includes a basement level in addition to the ground and second floors. Prospective buyers are responsible for conducting their own due diligence. This presents a rare chance to acquire a well-located, versatile commercial property with significant upside potential in a thriving New Jersey community. The property is zoned to allow for multiple uses, making it an attractive option for a variety of business owners and investors. The building's age and character offer a unique aesthetic appeal, while its location provides excellent access to transportation and amenities.

Highlights

  • Exceptional two-story, 3,301 sq ft commercial building in Highland Park, NJ.
  • Six individual units ideal for owner-occupant with rental income potential.
  • Main floor features common waiting area and kitchen.
  • Zoned for potential apartment conversion (second floor currently lacks full kitchen/bath).
  • Prime location near major medical facilities, Rutgers University, and public transportation.
  • Asking price: $499,000.

Property Details for 12 4Th Ave

Property type
Other office properties, Other land
Year Built
1925
Stories
2

Location Insight

City
Highland Park
County
Middlesex
State
New Jersey
Latitude
40.5000243
Longitude
-74.4266173
12 4Th Ave, Highland Park, New Jersey

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12 4Th Ave
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